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And Amazon?

Analysts at Jefferies conducted two surveys of about 630 U.S. adults on March 10 and March 27 that show how the pandemic is influencing demand for Amazon’s products and delivery horsepower. Amazon was the only online retailer that saw consumers increasing their spending, according to the surveys. The percentage of consumers who said they are spending more on Amazon jumped from 14 percent to 34 percent. Consumers are spending less on other sites, like eBay, Chewy, and Etsy, according to the analysis.

Angelica sinensis root is commonly used in TCM prescriptions for its ability to enrich blood, promote blood circulation, regulate menstruation and relieve pain. Clinically, it is commonly used for treating blood deficiency, vertigo, palpitations, irregular menstruation, amenorrhea and other conditions.

And Xu is optimistic about the future, saying there is no doubt about the upward trend in the decade to come.

Analysts said that Chinese banks, especially small and medium-sized lenders, are under great pressure because they are less capable of bearing risk when facing economic downsides. They also face higher standards of regulatory metrics, especially regarding nonperforming loan and capital adequacy ratios.